Oregon & W. Mortg. Sav. Bank v. American Mortg. Co.

This action is brought by the plaintiff, a corporation formed under the laws of Oregon, against the defendant, a corporation formed under the laws of Great Britain.

There are three causes of action stated in the complaint, to each of which the defendant demurs because the facts stated do not constitute a cause of action.

In support of the first claim it is alleged that on October 10, 1882, the parties made an agreement by which the plaintiff undertook to act as the sole agent of the defendant in the business of loaning money in ■ Oregon, Idaho, and Washington, “upon an actual commission or…